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Ghana: GN bank offers cheapest mortgage loans

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Majority of home owners in Ghana over the years have had to grapple with the growing cost of interest charged by banks on home loans. The situation is said to be one of the issues impacting hugely on the country’s inability to solve its 1.7 million housing deficit gap which is also anticipated to increase to about 1.9 million by 2019.
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Buying Property In Mauritius: What’s The Big Attraction?

Johannesburg Stock Exchange-listed real estate investment trust Mara Delta just announced a new hospitality acquisition plan in Mauritius.

Negotiations are underway for Mara Delta to acquire a 45 percent interest in three hotels owned by Mauritius stock exchange-listed New Mauritius Hotels Ltd, Africa Property News reported.
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Africa: Sub-Saharan Africa advances in real estate transparency ranking

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Sub-Saharan Africa (SSA) continues to make advances in real estate transparency despite other countries in the region requiring greatest attention.

While tangible improvements in transparency are being made, Sub-Saharan Africa is still some distance from competing equally with its counterparts in the EMEA region and sizeable efforts are required to close the gap with other global regions, according to JLL’s latest global real estate transparency index.
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Nigeria: Weak economy leads Sun International to the exit door

Hotel and gaming group Sun International has become the latest South African business to pull out of Nigeria because of weak economic growth. FILE PHOTO: Lagos Skyline
Hotel and gaming group Sun International has become the latest South African business to pull out of Nigeria because of weak economic growth.

JOHANNESBURG – South Africa’s Hotel and gaming group, Sun International Ltd [JSE:SUI] announced on Monday that it will packing its bags exiting Nigeria, amid a number of factors.

The company’s earnings in Nigeria has plunged to an all-time low amid a weakening economy and a dispute involving the company’s local partners.
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Rwanda: Property bubble looms in Rwanda

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Real estate developers have been pouring money into new investments at a frantic pace in Rwanda’s property market, fueling concerns that a bubble may be unavoidable.

When property consultant Simon Ethangatta set up in Rwanda’s capital in 2011, the view from his office was of tin shacks overlooked by modest suburban homes on the wooded hillsides.
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